State Street Hiring for Private Equity Fund Accounting & Administration, Senior Associate at Hyderabad, Telangana Full Time

Full Job Description
Job Description

Responsibilities:
Manage the day-to-day activities of a functional/oversight team by monitoring, reviewing and validating all daily activity to ensure accuracy and timeliness in calculations and processing, as well as adherence to controls, e.g. ensuring accurate g/l and/or balance for daily pricing

Undertake the following, with a goal of 100% accuracy, timeliness and completeness:Calculate and validate a daily and/or weekly and/or monthly Net Asset Value (NAV) for your assigned fundsAssist and train others in your team with their NAV calculation and problem resolutionDesign and implement operational efficienciesProvide timely accurate management reporting and issue log maintenance, under moderate supervisionResearch and resolve exceptions and issuesEscalate unresolved issues to management as requiredReconcile and resolve discrepancies with other Shared Service teams, external clients and Client Operations as neededEnsure all inquiries are resolved in a timely and accurate manner and communicates effectively with client when necessaryEnsure appropriate records of daily and monthly activities are kept • Coordinate effective and timely flow of critical information to all relevant parties and follows up on administrative details within the departmentOversee the adherence to Standard Operating ProceduresMaintain knowledge of current alternative procedures and processesAssist with workflow management and technology enhancement, make suggestions to streamline operationsDocument any updates or changes to formal procedures, databases, etc.Participate in projects as well as prepare and verify information for those various projects/special requests as directedTrain, develop and motivate new staff and complete performance appraisalsProvide staffing recommendations by interviewing new personnelCoordinate and supervise work efforts when multiple Associates are needed to complete workProvide coaching and development opportunities to staff, participate in individual on-going training and developmentHas accountability and responsibility for completing and delivering PPRs on timeMake effective recommendations to hire, discipline, control work and terminate employmentMake effective recommendations for promotions, salary increases and bonuses.During the course of normal day to day operations, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures.Perform duties of Associates if required, perform other duties as assigned.
Experience Requirements:
Minimum of 3-4 years of Fund Accounting experience
Knowledge of securities language and legal requirements.

Good interpersonal and organizational skills.Some understanding of operational functions within Hedge / Mutual Fund Accounting.
Education Requirements:
Novice to Competent with a Bachelor’s degree or equivalent work experience with a focus in Accounting, Economics, Finance, Technical or related field preferred.Proficient with Microsoft Office Products (Excel, Word)Location: Hyderabad – Multiple shiftsExcellent communication, organization, interpersonal planning, and analytical skillsDeadline and detail oriented